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Stock Market & Financial Investment News

News Breaks
April 9, 2014
09:02 EDTPXPraxair starts up air separation plant in Peru
Praxair announced the start-up of a new 270 tons per day air separation plant in Pisco, located in the central region of Peru. Under a long-term contract, Praxair will increase its supply of oxygen to Aceros Arequipa to meet the companyís expanding steel production capacity. The new supply will enable Aceros Arequipa to expand its production of corrugated iron, steel wire rods and other steel products used in Peruís construction sector. Aceros Arequipa produces more than 1M tons of steel products annually.
News For PX From The Last 14 Days
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May 26, 2015
20:50 EDTPXBernstein to hold a conference
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May 15, 2015
08:31 EDTPXPraxair announces price increases effective June 1
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May 14, 2015
09:32 EDTPXPraxair signs long-term supply agreement in India
Praxair announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the companyís blast furnace in Tadipatri, Andhra Pradesh. Gerdau is the largest long steel producer in the Americas and one of the leading suppliers of special long steel in the world. Praxair will build, own and operate an 80 tons per day non-cryogenic vacuum-pressure-swing-adsorption plant, which is expected to start up in 2016. Gerdauís steel facility has an installed capacity to produce 300,000 tons of special steel per year, primarily for automotive, defense, railways and related industries.

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